Last year, 16 fintechs were authorized in Mexico. Among them, Albo, Belvo, Todito Pagos, Mercado Pago and Femsa's Spin by Oxxo.
Destácame already has 4.5 million users and wants to reach 10 million users by 2025, expanding its operation in Mexico.
With this capital injection, Racional will seek to double its team in the short term and reach 100,000 users in Chile, Brazil, and Colombia.
With the new investment, Finkargo plans to accelerate the growth of more than 600 companies in the international trade sector.
Stripe's possible IPO sent excited waves through the industry. Many see it as the vote of confidence they have been waiting for.
Kredito was founded in 2018 to create a solution that would provide "fair interest rate" loans to startups and small-cap companies.
Saque y Pague will seek to strengthen its regional network and install 2,000 of its self-service terminals in the Colombian market.